WTI fell $1.17/bbl on Monday to $66.22 following a week-long rally. Front month
picked up $5.33 last week to hit a three-year high of $67.39. Two weeks before, crude was
down due to the potential for a US/China trade war.
Other geopolitical risks are supporting prices. Crude surged following a
report of a chemical weapons
attack in a town near Damascus by the
Assad government in Syria, which was
followed by a missile attack on Syria
by the Israelis, according to Russians.
Tensions......
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